Policy Term in Bachat Plan
Policy Term in Bachat Plan is a period of time during which the policy is valid. When policy term is completed, you get some fixed returns and extra benefits mentioned in your policy. Policy term details for this plan are given below.
Bachat Plan Returns
In a life insurance policy, sum assured comes under BSLI Bachat Plan returns. Sum assured is the minimum amount of money that you get from the insurance company upon completion of the policy term. In event of your death, this money is paid to your family. For this policy, value for minimum sum assured is 180 X Monthly Premium for ages 13 – 40 and 120 X Monthly Premium for ages 41 – 50. Maximum sum assured by this insurance plan: Not mentioned.